Intel Corporation (NASDAQ:INTC) is one of the noteworthy Q3 stocks Jim Cramer was focused on. Cramer called the company’s CEO a “legendary semiconductor investor,” as he said:
“Then there’s an amazing comeback story in the list, and it’s the story of Intel. Here’s a company where fortunes are changing on the fly, thanks to a phenomenal new CEO, Lip-Bu Tan. He’s a legendary semiconductor investor and the man who turned around the wayward Cadence Design Systems. Under his reign, the stock appreciated some 3,200% over a 13-year period. When he came in, he realized that Intel was even worse off than anyone thought.
Photo by Slejven Djurakovic on Unsplash
Intel Corporation (NASDAQ:INTC) produces processors, chipsets, GPUs, FPGAs, memory, storage, networking, and software solutions for workloads including AI, security, and cloud computing. In addition, it provides advanced manufacturing technologies, autonomous driving systems, and edge platforms that enable digital transformation.
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Disclosure: None. This article is originally published at Insider Monkey.
[SRC] https://finance.yahoo.com/news/jim-cramer-intel-amazing-comeback-210132114.html
